Locally, the median sales price of a previously owned single-family house peaked that same month at $315,000, according to the Greater Las Vegas Association of Realtors.

Zillow senior economist Aaron Terrazas said in a statement that the spring buying season “has been a perfect storm of strong demand and tight supply,” and homes that come up for sale “are moving very quickly.”

Despite Southern Nevada’s rapid price growth, it’s still a lot cheaper to buy a home here than in other hot markets. The median home value in San Jose is $1.26 million, and in Seattle it’s $490,000.

First American Financial Corp., meanwhile, released a report Thursday with findings that mirrored Zillow’s.

According to the Santa Ana, California-based title company, San Jose house prices in March were up 19.3 percent from a year earlier — the largest jump in the country — followed by Las Vegas (15.1 percent) and Seattle (12.2 percent).

Among states, First American reported, Nevada topped the list with 13.2 percent price growth.